Employer · plans filed under one EIN
Board of Trustees, 701 Pension Fund
Warrenville, IL · Construction
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
2 retirement plans with 100 or more participants file Form 5500 under Board of Trustees, 701 Pension Fund's employer identification number (Warrenville, Illinois). Their latest filings total 4,802 participant records and $945M in net assets.
The largest is IBEW Local 701 Pension Fund, a defined benefit pension plan with 2,779 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $50.2M and participant contributions $534K in the latest plan years; benefits paid were $55.5M. Schedule C compensation reported to service provider organisations totalled $1.4M.
Combined net assets moved from $357M in 2009 to $945M in 2024 (up 165%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| IBEW Local 701 Pension Fund | defined benefit pension plan | 2024 | 2,779 | $528M | $189,822 | $30,516 | $1.3M |
| IBEW Local 701 Retirement Savings Fund | 401(k) plan | 2024 | 2,023 | $417M | $206,328 | $9,553 | $165K |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2024 | 2 | 4,802 | $945M | $50.2M | $534K |
| 2023 | 2 | 4,787 | $872M | $51.4M | $163K |
| 2022 | 2 | 4,770 | $769M | $48.5M | $92K |
| 2021 | 2 | 4,779 | $761M | $46.3M | $86K |
| 2020 | 2 | 4,856 | $784M | $43.2M | $73K |
| 2019 | 2 | 4,913 | $638M | $42.6M | $63K |
| 2018 | 2 | 4,965 | $614M | $40.8M | $59K |
| 2017 | 2 | 5,004 | $608M | $40.6M | $68K |
| 2016 | 2 | 5,135 | $563M | $39.9M | $69K |
| 2015 | 2 | 5,289 | $514M | $35.6M | $72K |
| 2014 | 2 | 5,308 | $511M | $31.9M | $66K |
| 2013 | 2 | 5,289 | $494M | $31.5M | $58K |
| 2012 | 2 | 5,355 | $451M | $29.5M | $305K |
| 2011 | 2 | 5,370 | $400M | $30.5M | $50K |
| 2010 | 2 | 5,321 | $405M | $29.3M | $42K |
| 2009 | 2 | 5,404 | $357M | $25.9M | $0 |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| J.P. Morgan Investment Management I | Investment advisory (plan); Investment management | 1 | $213,416 |
| Abm Janitorial Services | Other services | 1 | $169,463 |
| The Segal Company (Midwest) Inc. | Actuarial | 1 | $123,249 |
| State Street Global Advisors | Custodial (securities) | 1 | $121,436 |
| Empower Annuity Insurance Company | Investment management; Custodial (securities) | 1 | $120,058 |
| Asb Capital Management | Investment management | 1 | $98,508 |
| National Investment Services | Investment management | 1 | $92,210 |
| Fidelity Institutional Asset MGMT | — | 1 | $79,352 |
| Marquette and Associates | Recordkeeping and information management | 2 | $60,060 |
| Bridgeway Benefit Technologies | — | 1 | $57,741 |
| BMO Harris Bank | Custodial (securities) | 1 | $54,965 |
| Union Labor Life Insurance Company | Investment management | 1 | $43,762 |
| BlackRock Institutional Trust Co. | Trustee (bank, trust company, or similar financial institution); Trustee (discretionary); Investment management | 1 | $36,396 |
| Calibre CPA Group PLLC | Accounting (including auditing) | 1 | $16,800 |
| Hunt Insurance Agency, Inc. | — | 1 | $7,595 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does Board of Trustees, 701 Pension Fund have?
2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: IBEW Local 701 Pension Fund and IBEW Local 701 Retirement Savings Fund. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does Board of Trustees, 701 Pension Fund contribute to its plans?
$50,163,450 in employer contributions across these plans in their latest plan years, about $17,694 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name J.P. Morgan Investment Management I, Abm Janitorial Services, The Segal Company (Midwest) Inc. and State Street Global Advisors and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.